Medicaid is an example of a cash assistance poverty program
a. True
b. False
Indicate whether the statement is true or false
False
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Refer to Table 9-11. Which country has an absolute advantage in producing clocks?
A) Denmark B) Belize C) both countries D) neither country
The Lucas critique indicates that
A) advocates of discretionary policies' criticisms of rational expectations models are well-founded. B) advocates of discretionary policies' criticisms of rational expectations models are not well-founded. C) expectations are important in determining the outcome of a discretionary policy. D) expectations are not important in determining the outcome of a discretionary policy.
Capital inflows in the balance of payments accounts include
a. purchases of financial assets by U.S. residents. b. direct investments in foreign countries. c. indirect investments in foreign countries. d. purchases of U.S. government bonds by foreigners.
How should per capita real Gross Domestic Product (GDP) be used?
A) It is an accurate measure of economic well-being. B) It is a reasonably good measure of productive activity. C) Per capita real Gross Domestic Product (GDP) is a good gauge of a nation's quality of life because it takes into account a nation's cultural and spiritual values. D) All of the above.